August 2, 2024

Nonbank Lending Boosts Prime Non-Agency MBS

Originations from Rocket Mortgage and Rate helped increase issuance of prime non-agency MBS in the second quarter. (Includes three data tables.) Read More

Annaly Posts Loss, Shrinks Non-Agency Portfolio in Second Quarter

Sticky inflation and an expectation for future rate cuts caused the REIT to decrease its non-agency loan holdings in the second quarter. Read More

Redwood’s Profits Fall in Second Quarter, Bank Partnerships Grow

Redwood Trust’s profits declined from the first to the second quarter, while loan locks and funding reached new highs. Read More

Rithm Gets Origination Boost From Non-Agency

Non-QM, home equity originations and business-purpose loans from Newrez and Genesis Capital helped Rithm in the second quarter. Read More

SPS Adds Most Non-Agency MBS Servicing in Second Quarter

Select Portfolio Servicing added more servicing volume from non-agency MBS than Shellpoint Mortgage Servicing in the second quarter. (Includes data table.) Read More

Positive Outlook for Acra, Non-QM Lender Profitable

Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years. Read More

Kiavi Ramps Up Issuance of RTL Securitizations

Kiavi, a residential transition loan lender, closed one unrated securitization last week and is marketing another rated issuance. Read More

Waltz Launches Mortgage Platform for Foreign Buyers

The platform is designed to help foreign investors purchase homes remotely. The new offering comes at a time when foreign investment in the U.S. housing market is shrinking. Read More

News Briefs

Voxtur and Deephaven team on mortgage pipeline technology; CMG Mortgage to use FICO Score 10 T; Riskspan analyzes RTLs; ex-CEO of Genesis Capital launches new lending company. Read More

Inside Nonconforming Markets

View Archived Issues

Nonbank Lending Boosts Prime Non-Agency MBS

Annaly Posts Loss, Shrinks Non-Agency Portfolio in Second Quarter

Redwood’s Profits Fall in Second Quarter, Bank Partnerships Grow

Rithm Gets Origination Boost From Non-Agency

SPS Adds Most Non-Agency MBS Servicing in Second Quarter

Positive Outlook for Acra, Non-QM Lender Profitable

Kiavi Ramps Up Issuance of RTL Securitizations

Waltz Launches Mortgage Platform for Foreign Buyers

News Briefs

Latest Imf News

HUD Reviewing Potential for FHA Pricing Adjustments

Ginnie Loan Removals Hit Level Last Seen in 2022

FHA Proposes Loosening Underwriting for In-Home Rental Income

FICO Plans Price Hike Amid Rising Profits

Featured Data

GSE Earnings Resilient in a Tight Housing Market

Banks Generate Small 3Q24 Gains in Mortgage Banking

Refinance Loans Surge in October Agency Market

Refi Volume Spikes in Third Quarter, UWM Stands Out

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Inside Nonconforming Markets

August 2, 2024

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?